-- Exclusive Mandate --
A rare opportunity to acquire a high-performing student accommodation property in Wilgen Street, one of Kanonierspark’s most established student rental areas. Located just 2.5km from North-West University’s main gate, this fully tenanted, NSFAS and bursary-accredited property offers immediate income and strong long-term potential.
Investment Highlights:
-50 student rooms – fully occupied
-Annual rental income: R2,385,000
-Gross ROI: Approximately 36.7%
-NSFAS and bursary accredited – ensuring consistent tenant demand
-Situated in a high-occupancy student rental zone
-Secure, student-friendly area with proximity to shops and transport
-Turnkey, fully operational asset with existing leases in place
This is a proven, cash-generating asset suited to investors seeking strong yield and minimal vacancy risk in a stable student housing market.